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to buy more than 1,000 u.s. dollars worth of gold you have to provide your income tax number. india say major buyer of gold. it is discouraging unaccounted for money moving into gold. i think with regards to commodities, there's a lot of uncertainty about chinese economic growth. if you look at steel production, cement production, it's barely growing in china. residential construction starts last year were down 11%. so i think there's a fundamental issue with commodities. they probably moved lower. there are assets much more interesting than commodities. >> mark, if this is a situation where as you suspect this is someone got in trouble, what happens to prices from here. >> well, if we go back down again and we have a big increase in margin calls again and then money has to be raised in the equity markets to offset losses in gold, then you're going to go down somewhere under you're going to rely on the margin. and cme released yesterday. >> anybody who says that deflation is once again on the table may have nothing to do with that whatsoever. >> i think you're right. i think someone or
is saying today. >>> also your online shopping could get very different very soon. is it a tax hike or just a way to help out some small business owners? prices will be going up. >>> and the sounds of a sickening discovery. aerothe 911 calls made by the people of west texas as they reported on that plant explosion that just about wiped part of their town off the map. all of that and breaking news as the second hour of "happening now" starts right now. jon: a new terror plot uncovered in canada linked to al-qaeda in iran. the alleged target, a passenger train traveling between new york and toronto. it is a brand new hour of "happening now," thanks for joining us, i'm jon scott. jenna: hi, everybody, i'm jenna lee, and here's the story. there are two suspects now in custody, and they will be appearing in court today. canadian police picked them up in montreal and toronto following what's been described as a lengthy investigation. the men allegedly received direction and guidance from al-qaeda members, and here's the catch: apparently, these al-qaeda members were based in iran. national corres
would have to pay a fine and back taxes, learn english, and pass a criminal background check among other hurdles. rubio says that system would be triggered only if certain border security benchmarks are met. >> that means securing the border, universal e-verify and the universal entry-exit tracking system. if those three things are not in place that green card process won't begin even if the ten years has elapsed. >> ifill: but some republicans were skeptical including alabama senator jeff sessions. >> no, i'm not convinced. i know senator rubio's heart is exactly right. i really respect the work of the gang of eight. but they have produced a legislation that will give amnesty now, legalize everyone that is here effectively today and then there's a promise of enforcement in the future. >> ifill: white house press secretary jay carney said today the administration believes it's possible to satisfy concerns on both sides. >> these are compatible ideas enhancing border security, allowing for a clear path to citizenship that requires a number of very specific steps. so the president is very
. you've heard that the first quarter was tough. probably payroll tax impacted more than anything else. and small business is -- and big business for that matter is totally the flux with the obama care act and what it all means. and business is looking at part-time, that you've got to keep people under 30 hours. they don't want to employ more than 50 people. and nobody really knows how this thing is going to work. now, as far as the japanese yen, every major manufacturer in the world has made a strategic decision to produce where they sell. no manufacturer can deal with the volatility in exchange rates. and if you look at where the japanese are today compared to 10, 20 years ago, there is no comparison with let's say 80% produced in north america. so the exchange rate has been dramatically reduced as a factor in our business. and at the moment, i don't see any impact. >> okay, mike, $42. we've been friends a long time. you couldn't tell me at four bucks that that was something i should -- actually, we're not allowed to do it, anyway, but you couldn't have mentioned that back in 2008 or
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Search Results 0 to 6 of about 7 (some duplicates have been removed)